Mumbai: A global professional services firm Alvarez & Marsal (A&M) has appointed Mohit Khullar as Managing Director to lead its Corporate Finance practice in India. This strategic move underscores A&M’s commitment to expanding its presence in India’s rapidly evolving private equity, M&A, and structured finance landscape.
With over 20 years of experience in mergers, acquisitions, and private equity, Khullar brings a wealth of expertise in transaction advisory across key sectors, including healthcare, consumer, business services, and industrials. Throughout his career, Khullar has successfully led marquee transactions, developed high-performing teams, and built strong relationships with owners, CXOs, and financial sponsors.
Prior to joining A&M, Mr. Khullar served as Managing Director at o3 Capital, and has also worked with Equirus Capital and Standard Chartered Bank. In addition to his corporate finance experience, he co-founded a healthcare-technology business, where he served as CEO and garnered multiple industry accolades.
A&M’s Corporate Finance practice in India will be supported by a team of over 40 sector-specialized professionals. This team will leverage A&M’s global relationships with corporates and financial sponsors to provide inbound and outbound M&A solutions and optimize value for clients.
Himanshu Bajaj, Managing Director and India Co-Country Leader at A&M, said, “India’s rapidly evolving investment landscape presents a significant opportunity for transformative corporate finance solutions. Mohit’s deep sectoral and sponsor relationships, coupled with his transaction expertise, will be instrumental as we continue to augment our Corporate Finance practice in India by attracting top talent. His addition reflects our commitment to scaling our operations and delivering valuable solutions to clients.”
Nikhil Shah, Managing Director and Financial Advisory & Special Situations Leader, added, “With A&M’s focus on corporates and financial sponsors globally, providing high-quality corporate finance services is a natural extension of our client base. Our global network of A&M corporate finance professionals gives us an edge in accessing strategic and financial investors, connecting them with sellers efficiently and credibly. Mohit’s extensive experience and reputation align with our objective of providing value to our clients in India and globally.”
Mohit Khullar, newly appointed Managing Director, commented, “With A&M’s strategy to develop dedicated teams across focus sectors, we are uniquely positioned to serve businesses navigating the complexities of capital raising and strategic transactions. I am thrilled to contribute to A&M’s vision of creating a leading Corporate Finance practice in India, leveraging the firm’s global synergies along with local market expertise.”
Khullar holds a Postgraduate Diploma in Management from the Indian Institute of Management, Lucknow, and a bachelor’s degree in Electronics & Communications from Netaji Subhas University of Technology, Delhi. He has also served on the Governing Council of NATHEALTH, a leading healthcare industry federation in India.
